I can see it now - speculators selling twinkies on eBay for $10 each!ComicVortex

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Get some of your comics for 30% offFor every comic you purchase from our 'Bargain Bin' (those priced $1 or less), another comic purchased over $1 will be $30% off (refunded via PayPal). eg. If you purchase 10 'Bargain Bin' books, then 10 books purchased that are each over $1 will recieve this refund, etc.

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Every domestic order of 25 or more comics gets FREE SHIPPING (Media Mail). Though I can't provide Free Shipping on foreign orders, we do offer a $5 refund on postage for purchases of 25 or more comics to foreign countries or a $10 refund if you buy 50 comics (again, foreign orders only).

Oh man, I haven't had those in forever! I forgot how good they were.ComicVortex

Current specials:

Get some of your comics for 30% offFor every comic you purchase from our 'Bargain Bin' (those priced $1 or less), another comic purchased over $1 will be $30% off (refunded via PayPal). eg. If you purchase 10 'Bargain Bin' books, then 10 books purchased that are each over $1 will recieve this refund, etc.

Free Shipping

Every domestic order of 25 or more comics gets FREE SHIPPING (Media Mail). Though I can't provide Free Shipping on foreign orders, we do offer a $5 refund on postage for purchases of 25 or more comics to foreign countries or a $10 refund if you buy 50 comics (again, foreign orders only).

More than Hostess did, obviously. Rather than give in to a pay raise or a concession or two to their lower middle class employees.....they shut the company down. then the execs. are going to sell the company name and the recipes and make a friggin' fortune! And, they are filing for bankruptcy on top of it....so they don't have to pay any debts.

yeah, don't worry yourself over the board and the execs. they'll be fine. As usual, though, middle and lower class workers take another hit, while the rich get richer.

More than Hostess did, obviously. Rather than give in to a pay raise or a concession or two to their lower middle class employees.....they shut the company down. then the execs. are going to sell the company name and the recipes and make a friggin' fortune! And, they are filing for bankruptcy on top of it....so they don't have to pay any debts.

yeah, don't worry yourself over the board and the execs. they'll be fine. As usual, though, middle and lower class workers take another hit, while the rich get richer.

It ain't the unions who are wrong here.

And...that's my rant for the day.

Yeah, I read somewhere how the executives at the company got raises in the months preceding the Chapter 11. Funny how that works.....ComicVortex

Current specials:

Get some of your comics for 30% offFor every comic you purchase from our 'Bargain Bin' (those priced $1 or less), another comic purchased over $1 will be $30% off (refunded via PayPal). eg. If you purchase 10 'Bargain Bin' books, then 10 books purchased that are each over $1 will recieve this refund, etc.

Free Shipping

Every domestic order of 25 or more comics gets FREE SHIPPING (Media Mail). Though I can't provide Free Shipping on foreign orders, we do offer a $5 refund on postage for purchases of 25 or more comics to foreign countries or a $10 refund if you buy 50 comics (again, foreign orders only).

More than Hostess did, obviously. Rather than give in to a pay raise or a concession or two to their lower middle class employees.....they shut the company down. then the execs. are going to sell the company name and the recipes and make a friggin' fortune! And, they are filing for bankruptcy on top of it....so they don't have to pay any debts.

yeah, don't worry yourself over the board and the execs. they'll be fine. As usual, though, middle and lower class workers take another hit, while the rich get richer.

It ain't the unions who are wrong here.

And...that's my rant for the day.

But yet, the company has been bleeding money for years and only ONE of the unions involved refused to work with the company and re-negotiate. Am I saying that the executives were in the right? No. But to blame it ALL on them isn't right either. There's blame on both sides. I've been part of unions and generally, I dislike their practices.

I'm sure the executives will have trouble finding jobs, just like the everyday workers. It's not like there are many executive job openings available either. They might have it easier in the short term, but I doubt it will be a cakewalk (heh, cakewalk) for them in the long run.

4saken1 wrote:

Yeah, I read somewhere how the executives at the company got raises in the months preceding the Chapter 11. Funny how that works.....

Probably because of contracts they have with the company - kind of like the ones the unions have with required pay increases. Could they have turned them down? Most likely. Did they? doubt it. Would you?

Probably because of contracts they have with the company - kind of like the ones the unions have with required pay increases. Could they have turned them down? Most likely. Did they? doubt it. Would you?

As I understand it, executives' raises in the company were previously performance based, but were switched to guaranteed salary in order to get around Chapter 11 regulations. The CEO's salary went from $750,000 to $2.55 million as a result. Other executives' pay went up an average of over 50%.

FWIW, as I understand it, the Hostess' insolvency was so bad due to decrease in demand that even if workers had conceded pay cuts and exorbinant bunuses weren't given to top earners, the company still wouldn't have been salvageable. But hey, at least the fat cats made it out OK!ComicVortex

Current specials:

Get some of your comics for 30% offFor every comic you purchase from our 'Bargain Bin' (those priced $1 or less), another comic purchased over $1 will be $30% off (refunded via PayPal). eg. If you purchase 10 'Bargain Bin' books, then 10 books purchased that are each over $1 will recieve this refund, etc.

Free Shipping

Every domestic order of 25 or more comics gets FREE SHIPPING (Media Mail). Though I can't provide Free Shipping on foreign orders, we do offer a $5 refund on postage for purchases of 25 or more comics to foreign countries or a $10 refund if you buy 50 comics (again, foreign orders only).

Probably because of contracts they have with the company - kind of like the ones the unions have with required pay increases. Could they have turned them down? Most likely. Did they? doubt it. Would you?

As I understand it, executives' raises in the company were previously performance based, but were switched to guaranteed salary in order to get around Chapter 11 regulations. The CEO's salary went from $750,000 to $2.55 million as a result. Other executives' pay went up an average of over 50%.

FWIW, as I understand it, the Hostess' insolvency was so bad due to decrease in demand that even if workers had conceded pay cuts and exorbinant bunuses weren't given to top earners, the company still wouldn't have been salvageable. But hey, at least the fat cats made it out OK!

They ALWAYS do....and the rank and file employees ALWAYS get screwed.

It's why I just can't believe it....I just don't understand how people side with execs. over unions when it comes to big corporations. The execs are always making enormous scads of money and the rank and file are always making less than the rate of inflation. Unions are just trying to redress some of that.

And...before the tired comment "if you don't like it, go work soemwhere else" gets trotted out again.....you realize that if workers somewhere don't make stands, we will all be the victims. We will maek less and elss and less as prices rise and rise and rise.

Probably because of contracts they have with the company - kind of like the ones the unions have with required pay increases. Could they have turned them down? Most likely. Did they? doubt it. Would you?

As I understand it, executives' raises in the company were previously performance based, but were switched to guaranteed salary in order to get around Chapter 11 regulations. The CEO's salary went from $750,000 to $2.55 million as a result. Other executives' pay went up an average of over 50%.

FWIW, as I understand it, the Hostess' insolvency was so bad due to decrease in demand that even if workers had conceded pay cuts and exorbinant bunuses weren't given to top earners, the company still wouldn't have been salvageable. But hey, at least the fat cats made it out OK!

They ALWAYS do....and the rank and file employees ALWAYS get screwed.

It's why I just can't believe it....I just don't understand how people side with execs. over unions when it comes to big corporations. The execs are always making enormous scads of money and the rank and file are always making less than the rate of inflation. Unions are just trying to redress some of that.

And...before the tired comment "if you don't like it, go work soemwhere else" gets trotted out again.....you realize that if workers somewhere don't make stands, we will all be the victims. We will maek less and elss and less as prices rise and rise and rise.

Because it seems like half the time the unions are just as corrupt or incompetent as management. Trust me, I've worked with unions. They take a lot in dues and most times do very little.

In regards to Hostess, there were two unions representing the workers. The teamsters and the baker's union. The teamsters union voted to approve the new contract. The baker's union did not and the teamsters blame both management and the baker's union for the closing.

Probably because of contracts they have with the company - kind of like the ones the unions have with required pay increases. Could they have turned them down? Most likely. Did they? doubt it. Would you?

As I understand it, executives' raises in the company were previously performance based, but were switched to guaranteed salary in order to get around Chapter 11 regulations. The CEO's salary went from $750,000 to $2.55 million as a result. Other executives' pay went up an average of over 50%.

FWIW, as I understand it, the Hostess' insolvency was so bad due to decrease in demand that even if workers had conceded pay cuts and exorbinant bunuses weren't given to top earners, the company still wouldn't have been salvageable. But hey, at least the fat cats made it out OK!

They ALWAYS do....and the rank and file employees ALWAYS get screwed.

It's why I just can't believe it....I just don't understand how people side with execs. over unions when it comes to big corporations. The execs are always making enormous scads of money and the rank and file are always making less than the rate of inflation. Unions are just trying to redress some of that.

And...before the tired comment "if you don't like it, go work soemwhere else" gets trotted out again.....you realize that if workers somewhere don't make stands, we will all be the victims. We will maek less and elss and less as prices rise and rise and rise.

Because it seems like half the time the unions are just as corrupt or incompetent as management. Trust me, I've worked with unions. They take a lot in dues and most times do very little.

In regards to Hostess, there were two unions representing the workers. The teamsters and the baker's union. The teamsters union voted to approve the new contract. The baker's union did not and the teamsters blame both management and the baker's union for the closing.

LOL. Agreed! Unions have execs too.

I guess what I meant was a little more nuanced. The union heads themselves are, sometimes, just as greedy as the corporate boards. However, the corporate boards represent their own money. The unions at least represent the money of ALL the workers.

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